Bullish

The post Mark Yusko’s Bullish Take On Crypto appeared first on Coinpedia Fintech News The founder of Morgan Creek Capital Management, Mark Yusko, has stressed that everyone should have some digital assets in their portfolio as they add diversification benefits. Yusko is convinced that cryptocurrency volatility is going to decrease due to the introduction of BTC ETFs. Furthermore, he has predicted that the total value of assets under management (AUM) of Bitcoin ETFs could reach $300 billion. He recently predicted…

After a retracement from its previous, Notcoin (NOT) has been exhibiting strong bullish momentum that has drawn the interest of both traders and investors. This ongoing upward trend indicates a robust level of market confidence and increasing optimism over its prospects. Market analysts are keeping a careful eye on important indicators and trends as the cryptocurrency rises in order to predict how long this bullish period may remain and what possible heights it may reach. Using a few technical indicators,…

Despite recent price stagnation, crypto traders remain bullish on several prominent altcoins. Analysis from Santiment, a leading crypto market intelligence platform, reveals intriguing sentiment trends. According to Brian Quinlivan, Lead Analyst at Santiment, the data measures positive and negative commentary ratios, providing valuable insights into market sentiment. Altcoins Traders Remain Bullish Solana, for instance, exhibits a remarkably high bullish sentiment with a 3.03:1 positive-to-negative comment ratio. This optimism persists even as Ethereum, its primary competitor, gains more attention. Crypto traders…

The post Bitcoin’s Bullish Surge Supported by Rising Open Interest: $80K Next? appeared first on Coinpedia Fintech News Bitcoin’s derivative market is on fire! Long position traders are in control, willing to pay premiums to short traders, showcasing strong bullish sentiment. Open Interest (OI) has surged to 17.89 billion, up 0.06% in the last 24 hours and 5.98% over the past week. Last night, BTC briefly surged above $70K before settling at $68,897.86. This rise in OI indicates increasing liquidity,…

The post Cardano Token Builds Bullish Momentum! ADA Price To Breakout $0.50 This Week? appeared first on Coinpedia Fintech News The cryptocurrency market has displayed a positive price action within the past day with top tokens recording increased bullish sentiment in their respective charts. Moreover, the market leader, BTC Price, has successfully reclaimed the $69K mark, suggesting a bullish outlook this week. After displaying a negative price action over the past month, the Cardano ADA price has successfully regained momentum…

Bitcoin price found support at $67,000 and started a fresh increase. BTC climbed above $69,500 and might continue to rise in the near term. Bitcoin started a decent increase above the $68,500 and $69,500 resistance levels. The price is trading above $68,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $68,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish…

PEPE has been on a remarkable upward trajectory, showcasing significant bullish momentum that has caught the attention of traders and investors alike. This sustained uptrend suggests strong market confidence and growing optimism about the prospects of PEPE. As the cryptocurrency continues to climb, market analysts are closely monitoring key indicators and trends to gauge how long this bullish phase might last and what potential heights PEPE could reach. In this analysis, we will dive into PEPE’s price prospects with the help…

A top market analyst is optimistic in the XRP price potential to soar in the near future. XRP has the right technical setup to print as much as 500% surge from current levels. While XRP price struggles with a price drop, a crypto analyst known as CryptoInsightUK projects it could surge by 500% to $2.5. The analyst’s XRP prediction is based on comparisons with Bitcoin’s (BTC) current price movement. Analysts Goes Bullish on XRP Price On the monthly timeframe, CryptoInsightUK…

The post Massive $PEPE Withdrawal Sparks Bullish Surge: New ATH on the Horizon? appeared first on Coinpedia Fintech News A fresh wallet just withdrew 202.4 billion $PEPE (worth $3.07 million) from Binance, signaling renewed bullish momentum for PEPE Coin. With a staggering 130% return in May and a 4.70% increase in the past 24 hours, $PEPE is positioned for a potential new all-time high this month. Withdrawals from exchanges often indicate strong investor confidence, reducing selling pressure and suggesting holders…